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Steve Hopwood's Boris Schlossberg-inspired trading robots

  • #261
  • Feb 26, 2010 5:29am Feb 26, 2010 5:29am
Quoting SteveHopwood
I have had a look at the code; the half-close function is only called if the trade is in profit.

It looks as though I did not actually upload the fixed version into post 1.

It is there now, so sing out next week if it is still not working. It should be fine; it is the same code as the 5 min momo, which appears to be correct.

Thanks alot Steve we'll give it a go...

whip
  • #262
  • Edited 8:33am Feb 26, 2010 5:38am | Edited 8:33am
Steve,

Attached is an xls for some trades the MOMO took between 24th and now on EU_m5.

Noticed that all the losses were 0.02 lots and all gains were 0.01 lots, and, the losses were almost 4 times the gains.

Now I have not yet looked at the code, but there seems to a pattern emerging. If the reasoning of 0.02 lot determination can be isolated , a reverse trade of what the basic algo suggest should yield a gain based on the few obsevations of the past few days.

The Comments of each trade could be used to describe the type of trade taken. In above case Type 1, for example, would be Basic Algo trade while Type 2 would be the counter Algo trade.

There is a tendency to apply fixes for a particular type of trade to all trades taken by the EA, such as using 3* ATR as TSL which ends up going against "if it ain't broke ...." rule.

Just an observation, suggestion and feed back.

Thanks for all your EAs.

Pat


Disregard the 0.01 and 0.02 etc. Thanks Astral77
Attached File(s)
File Type: xls DetailedStatement.xls   37 KB | 275 downloads
  • #263
  • Feb 26, 2010 6:15am Feb 26, 2010 6:15am
I think this will be short
  • #264
  • Feb 26, 2010 6:20am Feb 26, 2010 6:20am
Quoting SteveHopwood
I have had a look at the code; the half-close function is only called if the trade is in profit.

It looks as though I did not actually upload the fixed version into post 1.

It is there now, so sing out next week if it is still not working. It should be fine; it is the same code as the 5 min momo, which appears to be correct.

Thanks for the update, will upload ready for next week trading. I have attached the results for xxxUSD pairs (NZD not included) for the last 2 weeks (Pdf file with detailed statement and xls file with the trades for analysis). There are no open trades.

For this pair I was using the mptm with trailing stop of 50. I have now reduced that to 30 for next week to see what happens. I have the same BOT running on another PC without the mptm and running a selection of other pairs excluding the xxxUSD pairs. They are not doing as well as the Majors. This confirmed Schlossberg`s advice (i.e. this system is suitable for the majors and trending pairs). As you can see for yourself in two weeks there was a profit of over 600 pips, which is very encouraging (BRAVO STEVE). Please fiddle the figures around and let us know your thoughts.

For next week (or two maybe), I am going to run the EA the same way with the updated fix, in addition I am going to use the mptm on both demos with the trailing stop of 30 pips . I know this may stop the long profitable runs but would limit the losses and will post the results at the end of that week. If the results are satisfactory in the next 7 to 15 days then, the EA will be tested in a live penny account (lets keep our fingers cross).

Any suggestions, advice, direction, criticisms are most welcome.

Kind Regards
P.s. please bear in mind that the trade count in the statement is not accurate since the half closures are calculated as a new trade.
Attached File(s)
File Type: pdf 2smamacd2weeksstatement.pdf   57 KB | 334 downloads
File Type: xls 2smamacdresults14to26feb2010.xls   42 KB | 193 downloads
  • #265
  • Feb 26, 2010 6:34am Feb 26, 2010 6:34am
Quoting sundog
I think this will be short


I am in a good mood, so I am ignoring it.
  • #266
  • Feb 26, 2010 6:50am Feb 26, 2010 6:50am
HI PAT1

I think you have a good mathematical background and I realy liked your 20-200 EMA trend indicator (best I have come across). However, either what you say is too complex for my simple brain or you have not read the whole concept behind the Schlossberg trading philosophy. Schlossberg`s ethos is "NEVER TURN A WINNER INTO A LOSER". Therefore, as soon as any trade is in profit by a predetermind amount, half of the trade is closed and profit is taken and the other half`s S/L is moved to breakeven, giving us a free and risk free trade. That is why all the winners are 0.01 lots and all the losers 0.02, since all of them started as 0.02 lots. We can NEVER have a 0.01 lot being a Loser with these EA`s.

Kind Regards,
P.S. it would be helpfull if you could help us analyze the other results that are going to be posted here today and Saturday.

Quoting Pat1
Steve,

Attached is an xls for some trades the MOMO took between 24th and now on EU_m5.

Noticed that all the losses were 0.02 lots and all gains were 0.01 lots, and, the losses were almost 4 times the gains.

Now I have not yet looked at the code, but there seems to a pattern emerging. If the reasoning of 0.02 lot determination can be isolated , a reverse trade of what the basic algo suggest should yield a gain based on the few obsevations of the past few days.

The Comments of each trade could be used to describe the type of trade taken. In...
  • #267
  • Feb 26, 2010 7:26am Feb 26, 2010 7:26am
Quoting astral77
Thanks for the update, will upload ready for next week trading. I have attached the results for xxxUSD pairs (NZD not included) for the last 2 weeks (Pdf file with detailed statement and xls file with the trades for analysis). There are no open trades.

For this pair I was using the mptm with trailing stop of 50. I have now reduced that to 30 for next week to see what happens. I have the same BOT running on another PC without the mptm and running a selection of other pairs excluding the xxxUSD pairs. They are not doing as well as the Majors....
Astral, again thanks for the info.

Just quickly from the statements you provided the best to the worst are.

USDJPY $36 far and away clear winner
GBPUSD $18 the next
EURUSD $ 14 close third
USDCAD $ 9 fourth
USDCHF AUDUSD equal last @ -$ 5 fifth

From my side, I have had AUDJPY on a live chart (almost forgot it was there) it has had 12 wins, 3 losses for 112 pips.

I wonder if the update that Steve has provided will make any difference.
  • #268
  • Edited 7:38am Feb 26, 2010 7:34am | Edited 7:38am
Another fact for the above, the higher the profit the lower the number of trades
USDJPY $36 far and away clear winner 11 trades
GBPUSD $18 the next 15 trades
EURUSD $ 14 close third 17 trades
USDCAD $ 9 fourth 22 trades
USDCHF AUDUSD equal last @ -$ 5 fifth 15 & 13 trades respectively

May I suggest you replace the AUDUSD with the AUDJPY,
  • #269
  • Edited 8:24am Feb 26, 2010 7:43am | Edited 8:24am
Hi Sundog,
If you have a min. look at your momo USDJPY chart. This is why your theory on trade entry needs to happen. My momo took a trade at the top of that spike well before entry rules had been met

whip
  • #270
  • Feb 26, 2010 8:27am Feb 26, 2010 8:27am
LOL yeah, nice spike. Fortunately I turned off the momo in anticipation of the updated bot.
  • #271
  • Feb 26, 2010 8:47am Feb 26, 2010 8:47am
Steve same question bout the MA + MACD combo, does the bot wait for the bar to close on the MACD?, if it doesn't may we have it that way please.

Cheers
  • #272
  • Edited 9:04am Feb 26, 2010 8:54am | Edited 9:04am
Sundog You have my vote on that bot also.....Same entry rules

whip


P.S That USDJPY trade (taken by both my momo's) is now an official train wreck. I'm headed for the gas pipe
  • #273
  • Feb 26, 2010 9:09am Feb 26, 2010 9:09am
Ooh Ooh and pending as well please If your busy programming schedule allows.

Tks again
  • #274
  • Feb 26, 2010 9:15am Feb 26, 2010 9:15am
Quoting hiredwhip
Sundog You have my vote on that bot also.....Same entry rules

whip


P.S That USDJPY trade (taken by both my momo's) is now an official train wreck. I'm headed for the gas pipe
Whip the momo's are going to have to be treated like live ordnance, very carefully, when I was growing up there was a BBC series called "Danger UXB" I think we should treat it like that (as all trading).
  • #275
  • Feb 26, 2010 9:21am Feb 26, 2010 9:21am
Quoting sundog
Whip the momo's are going to have to be treated like live ordnance, very carefully, when I was growing up there was a BBC series called "Danger UXB" I think we should treat it like that (as all trading).
I agree, the fact that it's running on a 5 min chart just magnifys any mistake it makes. No room for error

whip
  • #276
  • Feb 26, 2010 11:27am Feb 26, 2010 11:27am
Hi Guys

Here is the statement for MOMO this week as I explained before it was loaded with 17 pairs, S/L Conservative. The first couple of days were OK but it got slaughtered during Thursday and Friday. A remedy has to be found with regard to the large losing trades. There are more winning than losing trades but the disparity in pips makes all the difference.
Kind Regards
Attached File(s)
File Type: xls momostatement1week26feb.xls   113 KB | 224 downloads
File Type: pdf momostatement1week26feb.pdf   87 KB | 270 downloads
  • #277
  • Feb 26, 2010 4:26pm Feb 26, 2010 4:26pm
Hi Guys,
Interesting data, top .gif is Control........bottom is Minus xxxJPY
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Control.gif Size: 6 KB
Click to Enlarge Name: Minus xxxJPY.gif Size: 6 KB
Attached File(s)
File Type: xls 5 Min Momo.xls   180 KB | 190 downloads
File Type: txt 5 min momo.txt   < 1 KB | 198 downloads
  • #278
  • Feb 26, 2010 5:00pm Feb 26, 2010 5:00pm
Quoting sundog
Steve same question bout the MA + MACD combo,
Which question?


Quote
does the bot wait for the bar to close on the MACD?,
No.

Quote
if it doesn't may we have it that way please.

Cheers
Yes. In time for Sunday night. I am answering this on Friday night after a looooooonnnnnnnnnggggggg day and a large glash of whiskeysh. I might not remember. Hic. Nag, if necessary.

  • #279
  • Feb 26, 2010 5:03pm Feb 26, 2010 5:03pm
Quoting sundog
Whip the momo's are going to have to be treated like live ordnance, very carefully, when I was growing up there was a BBC series called "Danger UXB" I think we should treat it like that (as all trading).
Oh hell. I remember Danger UXB, but I watched it with my son. Eeeeekkkk.
  • #280
  • Feb 27, 2010 4:09am Feb 27, 2010 4:09am
I have added the code to make the 2 ma macd combo bot check for trading opportunities at the start of each new candle only - post 1 as usual.

Do you guys want the same thing in the momo bot?

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